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Pay Up, Deadbeats! Why China's Wuhan is naming and shaming its debtors in newspapers

The local government in Wuhan has called on 259 companies that owe millions of yuan since 2018 to pay up. Experts say the revenue of local government in Wuhan, like many other places in China, has taken a big hit due to COVID-19 and a faltering economy – made worse by a crash in real estate
Yangtze River China General Cheng Juelu Shi Zhengwen Wuhan Yangtze River Asset Management Co Al Jazeera

Germany slips into recession: What does this mean for the country and for Europe?

Germany’s GDP fell .3 per cent in the first quarter of 2023 following a .5 per cent decline in the last quarter of 2022. Though Chancellor Olaf Scholz described the outlook for the economy as ‘very good’ experts say this is a rude awakening for the country and the entire continent
United Kingdom Dana Allin Olaf Scholz Joerg Kraemer Christian Lindner Martin Bruderm

Explained: Pakistan's travel ban on Imran Khan and what happens next

As the stand-off between Imran Khan and the military intensifies, the Federal Investigation Agency has placed the former prime minister and his wife Bushra Bibi on the no-fly list. Some experts say Imran is facing the end of the road, but others contend every step against him only burnishes his credentials
United States City Of United Kingdom Asad Umar Khawaja Asif Bushra Bibi

Explained: Why Norway is warning people to stay away from 'spy' whale Hvaldimir

Hvaldimir was first spotted off the coast in Norway in 2019 wearing a harness that appeared to have mounts for cameras. Researchers at the time said there was proof the beluga whale was trained by the Russian Navy. Experts are warning the public to keep a safe distance from Hvaldimir to avoid injuring or killing him
Norway General New York United States Sankt Peterburg Joar Hesten Frank Bakke Jensen

The rich history of Tipu Sultan's sword sold for Rs 140 crore

Tipu Sultan slept in a hammock suspended from the ceiling of his locked bedchamber with this sword by his side. Found in his private apartments after his defeat at the battle of Seringapatam in May 1799, it was also previously owned by Vijay Mallya and the descendants of Major General David Baird of the East India Company
United Kingdom Bruno Vinciguerra David Baird Oliver White Nima Sagharchi Vijay Mallya

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How Bernard Arnault, the world's richest man, lost $11 billion in a day

Bernand Arnault, who owns LVMH – which includes luxury brands such as Louis Vuitton, Moet & Chandon, and Christian Dior – saw a considerable drop in his fortune after shares of the conglomerate declined five per cent on Tuesday. Arnault’s net worth is currently at $192 billion – $12 billion higher than Elon Musk
France General Nord Pas De Calais Bernard Arnault Bernand Arnault Meta Mark Zuckerberg Edouard Aubin

"Koo": India's alternative to Twitter is filled with anti-Muslim hate

"Koo": Indias alternative to Twitter is filled with anti-Muslim hate More than a dozen Indian government departments now use Koo Wednesday February 24, 2021 3:11 PM, Pranav Dixit, BuzzFeed [The Twitter logo in front of the Koo app logo (Reuters/File Photo)] New Delhi: In early February, politicians from India’s ruling Bharatiya Janata Party started signing up for a social network that almost nobody had heard of. “I am now on Koo,” India’s commerce minister posted on Twitter to his near...
United States New Delhi Aprameya Radhakrishna Harvard Law School Indian Institute Of Technology Bharatiya Janata Party
Source: ummid.com

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